Select the correct answer
A company purchases office furniture on January 1, 2102 for $28,000....
Select the correct answer
A company purchases office furniture on January 1, 2102 for $28,000. Depreciation is charged at 10 percent per annum using the declining
balance method. What will the book value of the asset on December 31, 2013?
OA $22,680
OB. $22,400
OC $22,000
OD. $5,600
Answers: 2
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